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How small businesses adapt to tax changes - closing, splitting, halting development.

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Суверенная экономика · · Source

🇷🇺 Russia · Map

How small businesses adapt to tax changes - closing, splitting, halting development.

More than 1/4 of the users of the simple systems and patent taxation (USN and PSN) are thinking of reducing or even closing their business against the background of lowering the annual income threshold, after which the obligation to pay VAT arises, from 60 million to 20 million ₽. Another 26% plan to curb growth so as not to cross the threshold, 24% plan to start splitting the business and only 23% do not intend to change anything, according to the results of a survey by the Chamber of Commerce and Industry.

The relationships of small and medium-sized companies with customers have also changed - 25% of the companies went to cash, 29% raised prices, 32% kept them at the same level, sacrificing profits. Only 14% of the respondents were able to "maintain balance".

This is not just pessimism, but the real economic impact. Back in the first quarter, Opora Rossi conducted a study on the impact of the tax changes on businesses, where most of the respondents were micro-enterprises with revenues of 20-60 million rubles - 94.7% indicated a worsening of the business situation.

In Opora's summer study, 92.9% of SMEs said their business situation is getting worse. Moreover, the majority of entrepreneurs (31%) named the main problem as a significant tax increase, which was far ahead of the high key rate, labor shortage and low demand.

According to the association's latest data, in August-September 83.2% of entrepreneurs refused to invest in fixed assets. This can be called the most important result of the increase in the tax burden. A company can spend money to stay afloat, while refusing to evolve.

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